Banking systems vendor TEMENOS has appointed Armin Holst as regional director for Central and Eastern Europe (CEE), confirming that it sees the region as an important axis of growth.
In this newly created role, Holst reports to Mark Cullinane, chief operating officer. He is based in TEMENOS’ s Luxembourg office.
Jean Michel Hilsenkopf will continue to head up Southern Europe, Middle East and Africa (SEMEA), including France, Spain and Portugal, while Holst will assume responsibility for developing the business across the rest of continental Europe, including Holland. Costa Christodoulou remains regional director for northern Europe, including the UK, Ireland, Channel Isles, Scandinavia, Baltic and CIS territories.
“I’ve seen TEMENOS continue to achieve significant growth and gain market share against its competitors, becoming a true market leader in core banking,” says Holst. “My aim is to focus on delivering against our customers’ requirements in the CEE region and continue to expand the company’s offerings.”
Holst has over 20 years of sales and general management experience in the banking software and IT industry. Previously, he was worldwide sales director and member of the board at Misys Banking Systems from 2001, having originally headed up the company’s European operations since 1996. Holst began his career with Nixdorf Computer AG, where he held various sales and marketing positions. He is a German national and holds degrees in electronics and business economics from the University of Cologne.
“Although we are achieving a great deal of success, there remains the significant potential for further growth in our marketplace,” says TEMENOS CEO Andreas Andreades. “The new role plays an important part in helping us realise this by creating our fifth geographic region and expanding our management resources. This rein force sour strategy to continue investing in our business and ensure customers can benefit from our exceptional products and support services.”